Silver Lake Resources

Gold miners of every size have been hammered. The gold price, which is down from highs of $1,900 an ounce in September last year to $1,500 an ounce today, has undoubtedly played a part. So has fear. Investors are shying away from risky assets and gold miners are in the cross-hairs. Our favourite miner, Silver Lake Resources, has been caught in the carnage. From highs of $3.80 in December, its share price has tumbled to $2.17 today. It’s a steep enough fall to warrant an upgrade. Low costs and well understood geology are the keys to its success. In...

Gold miners of every size have been hammered. The gold price, which is down from highs of $1,900 an ounce in September last year to $1,500 an ounce today, has undoubtedly played a part. So has fear. Investors are shying away from risky assets and gold miners are in the cross-hairs. Our favourite miner, Silver Lake Resources, has been caught in the carnage. From highs of $3.80 in December, its share price has tumbled to $2.17 today. It’s a steep enough fall to warrant an upgrade.

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